Fall of the Berlin Wall 2.0? - Political Effects of and European Responses to the Financial-Economic Crisis

Janis A. Emmanouilidis

ELIAMEP Thesis 4/2008

Athens 12/2008

Download ELIAMEP Thesis 4/2008


In ELIAMEP Thesis 4/2008 Janis A. Emmanouilidis, Stavros Costopoulos Research Fellow at ELIAMEP, discusses the potential political consequences of and European responses to the financial-economic crisis.

In more concrete terms, the paper argues that the current turmoil might lead to (1) a further decline of U.S. dominance; (2) a redesign of global governance in favour of emerging powers; (3) an increased pressure on Europeans to rise to the challenge of global affairs; (4) more self-contemplation in an increasingly inward looking atmosphere; (5) a re-politicisation of the economy; and to (6) a new battle of ideas within and among countries about what kind of policies are “right” or “wrong”.

In response to these potential consequences of the crisis, Europe or more specifically the EU should (1) promote “effective multilateralism”; (2) speak with one voice in financial institutions; (3) intensify economic cooperation in the framework of a more effective “Economic Union”; (4) develop a more balanced and mature relationship with the U.S.; (5) initiate a coherent globalisation strategy (Global Europe 2020); and (6) further politicize European policy-making.

Download:

Janis A. Emmanouilidis, Fall of the Berlin Wall 2.0?, ELIAMEP Thesis, 4/2008, Athens, December 2008

All issues of ELIAMEP Thesis can be downloaded here.

Previous versions of the paper were published at blogs@eliamep


Latest publications

The age of permacrisis
Ricardo Borges de Castro, Janis A. Emmanouilidis and Fabian Zuleeg, Op-ed Euractiv, Brussels 04/2021

Europe in the age of permacrisis
Ricardo Borges de Castro, Janis A. Emmanouilidis, Fabian Zuleeg, EPC Commentary, Brussels 03/2021

Conference on the Future of Europe – Mind the Gaps!
Janis A. Emmanouilidis and Corina Stratulat, EPC Commentary, Brussels 03/2021

Deutschland in der EU
Janis A. Emmanouilidis, Michael Bauer, in Werner Weidenfeld, Wolfgang Wessels and Funda Tekin (eds.), Europa von A-Z: Taschenbuch der europäischen Integration, SpringerVS 01/2021

High hope, low expectations – Brussels' perspective on the future of Europe after COVID-19
Stefan Denig | Janis A. Emmanouilidis | Johannes Greubel | Corina Stratulat | Holger Thiel, Report by EPC, Konrad Adenauer Stiftung, ifok, Brussels 10/2020

COVID19: Lessons form the 'euro crisis'
Janis A. Emmanouilidis and Fabian Zuleeg, EPC Discussion Paper, Brussels 04/2020

Europe under siege
Fabian Zuleeg and Janis A. Emmanouilidis, EPC Commentary, Brussels 03/2020

Deutschland in der EU
Janis A. Emmanouilidis, Michael Bauer, in Werner Weidenfeld, Wolfgang Wessels and Funda Tekin (eds.), Europa von A-Z: Taschenbuch der europäischen Integration, Springer VS, Wiesbaden 02/2020

Second Draft Blueprint for Conference on the Future of Europe
Janis A. Emmanouilidis and Corina Stratulat, Blueprint, Brussels 01/2020

It’s time to discuss Europe’s future – A first Draft Blueprint for the Conference on the Future of Europe
Janis A. Emmanouilidis and Corina Stratulat, EPC Commentary, Brussels 11/2019


Publications